Bitcoin Price Explosion a Trap, Smart Money Awaits Pullback: Analyst

2019-6-6 13:10

By CCN: The parabolic bitcoin price explosion, which saw BTC surge 136 percent in 2019, is a trap, according to on-chain analyst and Adaptive Fund partner Willy Woo. The price explosion is simply a short-squeeze driven by hedge funds.

Organic buyers are waiting for a healthy retracement before buying in again. “This a quant fund driven short squeeze devoid of any true investor volume… I’m awaiting this exchange driven pump to blow off, a proper retrace, and only then do I think real investor flows will come in and drive the true organic bull market. ”  Bitcoin rally driven by short squeeze

The post Bitcoin Price Explosion a Trap, Smart Money Awaits Pullback: Analyst appeared first on CCN

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95539.07 (-0.07%)
Объем 24H $40.596b
Изменеия 24h: -2.00 %, 7d: -7.22 %
Cегодня L: $95217.68 - H: $97458.26
Капитализация $1892.106b Rank 1
Цена в час новости $ 7996.49 (1094.76%)

driven bitcoin price explosion analyst trap money

Источник: ccn.com

driven bitcoin → Результатов: 107


Bitcoin [BTC]: Cumberland’s Trading Desk records over 10 transactions worth >1000 BTC each within an hour

The cryptocurrency market’s resurgent behavior has driven the community into a frenzy, with several proponents advocating, and users responding with multiple large scale transactions. Latest reports suggest that Cumberland, the cryptocurrency Over-the-Counter shop, witnessed more than 10 different bids worth higher than 1000 Bitcoin [BTC] each in the space of an hour.

2019-4-5 14:30


Indian Trade Association Calls for Fast Crypto Regulation to Drive Growth

The Indian National Association of Software and Services Companies (Nasscom) has released a report that calls for regulatory certainty, particularly in areas such as cryptocurrency. The lack of legal clarity and the crypto banking ban have hindered investments in this sector, hurt crypto exchanges, and driven investors out of the country, according to the association.

2019-2-22 16:31


Crypto Bull: Bitcoin (BTC) Under $4,000 Driven By Emotional Overreaction

Parabolic Move, Then 80% Correction  Ronnie Moas, an impassioned, outspoken Bitcoin (BTC) bull, recently sat down with CoinTelegraph in an exclusive interview. Speaking on crypto’s most recent downturn, which sent the aggregate value of crypto assets under $140 billion, Moas maintained his bullish sentiment, making it abundantly clear that BTC isn’t dead in the water.

2018-12-3 21:50


дальше еще 58 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Сальвадор: ещё +11 Bitcoin в кассу

Сальвадор купил ещё 11 биткоинов за $1 млн. Теперь в национальном резерве страны уже 5,980 монет. И это несмотря на договорённость с МВФ, где Сальвадор пообещал “притормозить” с криптой.

Crypto hacking losses hit $2.2 billion in 2024, a new report says

The cryptocurrency world, while experiencing a surge in mainstream adoption and market value, is also grappling with a stark reality: a significant increase in losses due to hacking. A new report from blockchain analysis firm Chainalysis reveals that funds stolen from crypto platforms jumped to a staggering $2.2 billion in 2024, a 21% increase from […]